Kaizen

Counter Trade : Conter trade refers to any one of some(prenominal) different arranagements by which goods and services ar traded for each separate on eeither bilateral or multilateral basis. There are variety of forms of proceeds trade. Basically it is barter or similar barter agreement where cash may not mean but there is \always a link surrounded by the bits and exports transactions . in othere words implications are paid bring out oif exports in counter trade. For example India exports iron and steel against import of h eavy machinery under a contract it is called a counter trade transaction.EXIM Policy 2004 2009 (i)To promote modernization of our manufacturing and services exports, the import duty under the EPCG abstract is being reduced from 5% to 3%. ii) Refund of tax on a monstrous number of services relating to exports has already been announced by the G overnment. A few remaining issues regarding refund of service tax on exports would also be resolved soon. iii) Income tax benefit to snow% EOUs available under Section 10B of Income Tax Act is being extended for one more year, beyond 2009. iv) Sports and toys are chiefly produced by our unorganized labour intensive sector.

To promote export of these items and also to compensate disadvantages suffered by them, an additional duty opinion of 5% over and above the credit under counseling Product Scheme is being provided. v) Our export of fresh fruits and vegetables and cultivation suffers from high incidence of freight cost. To neutralize this disadvantage, an additional credit of 2.5% over and above the credit available under VKGUY is proposed. vi) Interest rest already granted for sectors affected adversely by the handle of the rupee is being extended for one more year. vii) The DEPB scheme is being continued till May 2009. VISHESH KRISHI AND GRAM UDYOG YOJANA (VKGUY) (SPECIAL kitchen-gardening AND VILLAGE INDUSTRY SCHEME) Objective 3.8.1 Objective of VKGUY is to promote exports of (i) Agricultural enkindle and their value... If you want to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.